Senior Analyst

at  TD Bank

JOB DESCRIPTION

The Risk Infrastructure Delivery Team within the TDS Data, Delivery and Innovation group is responsible for establishing and expanding on market risk reporting/analytics capabilities for the dealer in support of various regulatory, industry and business-driven initiatives. To deliver on this mandate, the team partners closely with stakeholder groups from across TD Securities (TDS) including Capital Market Risk Management (CMRM), Market Risk Control (MRC), Front Office, Technology, Finance/Accounting, and Treasury and Balance Sheet Management (TBSM).
The Senior Analyst will provide support to stream leads and be a subject matter expert in our FRTB Market Risk program.
Fundamental Review of the Trading Book (FRTB) , a set of Basel/BCBS regulatory guidelines that will dictate rules for how the bank arrives at its minimum regulatory capital requirements for its wholesale trading business. This involves adhering to a framework to observe the regulatory boundary between trading and banking book activities, implementing the Standardized Approach methodology for calculating risk-based capital and satisfying go-live requirements across multiple jurisdictions worldwide.
The team thrives in a highly cohesive and collaborative environment, promoting opportunities for knowledge sharing across projects and for developing broader stakeholder networks and subject matter expertise. The scope of our delivery mandate is dynamic as it adapts to align with the firm’s priorities throughout the year. The team is a great fit for individuals with versatile project management/business analysis/technical skillsets who are motivated to overcome steep learning curves and build strong partnerships across the organization.

JOB REQUIREMENTS:

• Quickly gain an understanding of our market risk infrastructure and data flows.
• Provide support to structure and manage detailed end-to-end implementation plans, holding stakeholders accountable for progressing against established scope/timelines.
• Effectively interpret, construct and implement requirements based on regulatory documentation/guidance.
• Develop a strong working relationship with technology partners, communicate effectively with developers on implementations.
• Facilitate detailed requirements discussions across stakeholder groups and promote optimal testing plan/strategies.
• Formulate recommendations regarding delivery/implementation approach after consultation with key stakeholder groups on estimated effort, resource availability, cross-program dependencies and other implementation constraints.
• Proactively identify and manage cross-stakeholder group interdependencies.
• Ability to consume domain / subject matter expertise quickly in differing spaces in risk & valuations.
• Summarize and communicate complex problems in a summarized, effective manner to senior management.

QUALIFICATIONS/ SKILLS/ EXPERIENCES

• Familiarity with Fundamental Review of the Trading Book (FRTB) Standardized Approach an added asset.
• In-depth familiarity with market risk and valuation concepts, technology infrastructure, and/or VaR/stress/capital methodologies obtained through previous experience in a capital markets function.
• Superior organizational skills, including ability to employ systematic approach for identifying and tracking dependencies, ensuring proper resolution of outstanding items, and structuring efficient stakeholder meetings/discussions.
• Exceptional communication skills (written and verbal), including ability to formulate concise and impactful methods of communication.
• Advanced data manipulation skills - ability to investigate and derive findings/conclusions from large data sets.
• Ability to operate in an unstructured environment.
• Familiarity with Python and/or other data analytics tools an asset.

EDUCATION REQUIREMENTS

• University degree or equivalent.
• CFA or FRM designation an asset.
• Masters Degree in related discipline an asset.

WHO WE ARE

TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience. With more than 6,500 professionals operating out of 40 cities across the globe, we help clients meet their needs today and prepare for tomorrow. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank. We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.

Please refer the Job description for details